Global Laureate International Universities targets Adelaide

US-BASED Laureate International Universities is pushing to set up in Adelaide the first new Australian university in more than a decade with a high-end pitch for those prepared to pay for it. The global for-profit Laureate, which boasts former US president Bill Clinton as honorary chancellor, is betting that there will be enough students willing to pay full fees of about $80,000 for their degrees to make its target of 3500 students by 2022 viable.